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Which department pays the retirement salary?
Legal analysis: retirement wages are paid by the social security bureau's pension insurance institutions. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
Legal basis: Article 16 of the Social Insurance Law stipulates that individuals participating in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for 15 years.
Article 8 of the Social Insurance Law stipulates that social insurance agencies provide social insurance services and are responsible for social insurance registration, personal rights and interests recording and social insurance benefits payment.
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